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Shipping company’s “amazingly well received” Greek offering draws €656m of demand
Africa’s largest IPO backed by Africa-focused Pan-African Refinery Investment after agreeing to $1bn underwriting programme
◆ The threat of US corporate issuance to European borrowers ◆ The new funding environment for Middle East banks ◆ Reviving UK equity capital markets
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As expected, a wave of new initial public offerings have come to market since the US Federal Reserve’s interest rate decision last Thursday.
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Royal Bank of Scotland is beginning yet another radical retrenchment of its capital markets business, which will involve wide redundancies, including possibly up to half a dozen of its top capital markets bankers.
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The Asia Securities Industry & Financial Markets Association (Asifma) has expressed its concerns over the widespread use of powers of attorney (POA) in Hong Kong IPOs.
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Ashok Leyland is seeking to list its commercial vehicles financing arm, Hinduja Leyland Finance, in an IPO expected to raise around $100m, according to sources close to the transaction.
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If you thought worrying about environmental and governance risks were for woolly liberals, you don’t any more. But how can you avoid sinners when the wolves hide in sheep’s clothing?
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Several prospective issuers entered the IPO market this week as they look to go public after a quiet summer and an uncertain period of volatility surrounding the state of China’s stock market and the US Federal Reserve’s interest rate decision.
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